Etiqueta: Blogger

AUD/USD Rate Tracks Descending Channel Ahead AU Employment Report

AUD/USD may continue to give back the advance from the November 2020 low (0.6991) as it trades within a downward trending channel.

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Oil Price Slides Towards July Low as US Output Rises for Second Week

The price of oil is on the cusp of taking out the July low ($65.01) as US production increases for the second straight week.

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US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk

The US Dollar is peeling back from session highs as bears fade strength despite the latest FOMC minutes hinting that Fed officials might decide to taper asset purchases before year-end.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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